What does S.A Baraque Michel do?

S.A Baraque Michel is a hotel in Jalhay. Public Limited, started on 1 January 1988, 1 establishment.

What is the address of S.A Baraque Michel?

The registered office of S.A Baraque Michel is located at Baraque Michel 36, 4845 Jalhay.

Is S.A Baraque Michel still active?

Yes. According to the CBE (30 October 2026) S.A Baraque Michel is active, legal situation “Normale toestand”, started on 1 January 1988.

Is S.A Baraque Michel registered on Peppol?

Yes, S.A Baraque Michel is registered on the Peppol network with ID 0208:0433382835.

What is the enterprise number of S.A Baraque Michel?

The enterprise number of S.A Baraque Michel is BE0433382835.

When was S.A Baraque Michel founded?

S.A Baraque Michel was founded on 1 January 1988.

Who are the directors of S.A Baraque Michel?

According to the 2025 annual accounts, the directors of S.A Baraque Michel are: Nicolas CLINET, CRANS SRL.

Is S.A Baraque Michel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did S.A Baraque Michel make in 2025?

S.A Baraque Michel recorded a loss after taxes of € 270,707 in financial year 2025.

What is the revenue of S.A Baraque Michel?

As a small company, S.A Baraque Michel is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 244,448.

How much does an employee at S.A Baraque Michel earn?

The average wage cost per full-time employee at S.A Baraque Michel was € 61,100 in 2025: staff costs of € 360,624 for 5.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S.A Baraque Michel have?

According to the 2025 annual accounts, S.A Baraque Michel has 5.9 full-time equivalents (FTE).

S.A Baraque Michel (Public Limited) - Jalhay

Dossier S.A Baraque Michel, printed on 30 October 2026 from databakkes.be/en/0433382835/s-a-baraque-michel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 7.3 to 5.9.

Financials

Financial year 2025

S.A Baraque Michel from Jalhay, company number BE0433382835, closed financial year 2025 with a result of € -270,707 after tax. For that financial year S.A Baraque Michel recorded a gross margin of € 244,448 and equity of € 125,831. Compared with financial year 2024, the result moved from € -126,481 to € -270,707. The company made a loss. The buffer shrank hard: equity is 68 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Shrank hard

€ 125,831

▼ 68% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -270,707

▼ 114 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101,417

▼ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 19,831.

People and assets in 2025

Full-time equivalents

5.9

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 360,624

▼ 27% vs 2024

€ 61,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 6,577

▼ 94% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 623,915

▼ 8% vs 2024

€ 74,209 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 84,496

▲ 254% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 15,865

▼ 86% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 650,095 Gross margin 2022: € 650,095 First fiscal year in the series	€ 816,215 Gross margin 2023: € 816,215 ▲ 26% vs 2022 (€ 650,095) Favourable step	€ 497,431 Gross margin 2024: € 497,431 ▼ 39% vs 2023 (€ 816,215) Unfavourable step	€ 244,448 Gross margin 2025: € 244,448 ▼ 51% vs 2024 (€ 497,431) Unfavourable step	▼ 51%
Profit after taxes	€ -50,511 Profit after taxes 2022: € -50,511 First fiscal year in the series	€ 133,696 Profit after taxes 2023: € 133,696 ▲ € 184,207 vs 2022 (€ -50,511) Favourable step	€ -126,481 Profit after taxes 2024: € -126,481 ▼ € 260,177 vs 2023 (€ 133,696) Unfavourable step	€ -270,707 Profit after taxes 2025: € -270,707 ▼ € 144,226 vs 2024 (€ -126,481) Unfavourable step	▼ € 144,226
Equity	€ 389,323 Equity 2022: € 389,323 First fiscal year in the series	€ 523,020 Equity 2023: € 523,020 ▲ 34% vs 2022 (€ 389,323) Favourable step	€ 396,538 Equity 2024: € 396,538 ▼ 24% vs 2023 (€ 523,020) Unfavourable step	€ 125,831 Equity 2025: € 125,831 ▼ 68% vs 2024 (€ 396,538) Unfavourable step	▼ 68%
Total debts	€ 829,891 Total debts 2022: € 829,891 First fiscal year in the series	€ 737,376 Total debts 2023: € 737,376 ▼ 11% vs 2022 (€ 829,891) Favourable step	€ 810,715 Total debts 2024: € 810,715 ▲ 10% vs 2023 (€ 737,376) Unfavourable step	€ 724,277 Total debts 2025: € 724,277 ▼ 11% vs 2024 (€ 810,715) Favourable step	▼ 11%
Cash	€ 324,432 Cash 2022: € 324,432 First fiscal year in the series	€ 467,806 Cash 2023: € 467,806 ▲ 44% vs 2022 (€ 324,432) Favourable step	€ 299,454 Cash 2024: € 299,454 ▼ 36% vs 2023 (€ 467,806) Unfavourable step	€ 101,417 Cash 2025: € 101,417 ▼ 66% vs 2024 (€ 299,454) Unfavourable step	▼ 66%
Land & buildings	€ 517,749 Land & buildings 2022: € 517,749 First fiscal year in the series	€ 492,131 Land & buildings 2023: € 492,131 ▼ 5% vs 2022 (€ 517,749) Unchanged	€ 533,449 Land & buildings 2024: € 533,449 ▲ 8% vs 2023 (€ 492,131) Unchanged	€ 600,895 Land & buildings 2025: € 600,895 ▲ 13% vs 2024 (€ 533,449) Unchanged	▲ 13%
Retained profit	€ 283,323 Retained profit 2022: € 283,323 First fiscal year in the series	€ 417,020 Retained profit 2023: € 417,020 ▲ 47% vs 2022 (€ 283,323) Favourable step	€ 290,538 Retained profit 2024: € 290,538 ▼ 30% vs 2023 (€ 417,020) Unfavourable step	€ 19,831 Retained profit 2025: € 19,831 ▼ 93% vs 2024 (€ 290,538) Unfavourable step	▼ 93%
Bank debt	€ 701,209 Bank debt 2022: € 701,209 First fiscal year in the series	€ 620,942 Bank debt 2023: € 620,942 ▼ 11% vs 2022 (€ 701,209) Favourable step	€ 675,971 Bank debt 2024: € 675,971 ▲ 9% vs 2023 (€ 620,942) Unfavourable step	€ 623,915 Bank debt 2025: € 623,915 ▼ 8% vs 2024 (€ 675,971) Favourable step	▼ 8%
Balance sheet total	€ 1,219,214 Balance sheet total 2022: € 1,219,214 First fiscal year in the series	€ 1,260,396 Balance sheet total 2023: € 1,260,396 ▲ 3% vs 2022 (€ 1,219,214) Unchanged	€ 1,207,253 Balance sheet total 2024: € 1,207,253 ▼ 4% vs 2023 (€ 1,260,396) Unchanged	€ 850,108 Balance sheet total 2025: € 850,108 ▼ 30% vs 2024 (€ 1,207,253) Unchanged	▼ 30%
Employees (FTE)	11.2 Employees (FTE) 2022: 11.2 First fiscal year in the series	7.3 Employees (FTE) 2023: 7.3 ▼ 3.9 vs 2022 (11.2) Unchanged	6.5 Employees (FTE) 2024: 6.5 ▼ 0.8 vs 2023 (7.3) Unchanged	5.9 Employees (FTE) 2025: 5.9 ▼ 0.6 vs 2024 (6.5) Unchanged	▼ 0.6

Key figures of S.A Baraque Michel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to S.A Baraque Michel?

What happened at S.A Baraque Michel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 17, 2026 New annual accounts for financial year 2025: loss of € 270,707. Source: NBB ↗
2025 Nicolas CLINET became a director. NBB
2025 CRANS SRL became a director. NBB
May 6, 1988 New establishment in Jalhay. KBO
Jan 1, 1988 Start of the company according to the CBE. KBO

In short

From € 50,511 loss in 2022 to € 270,707 loss in 2025.

Paid € 20,954 in corporate taxes since 2022.

Best year ever: 2023, with € 133,696 profit.

On average € 41,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Nicolas CLINET CRANS SRL

CRANS

TENILC

S.A Baraque Michel

Behind S.A Baraque Michel are Nicolas CLINET and CRANS SRL. Nicolas CLINET is also behind CRANS and TENILC.

Directors

According to the 2025 annual accounts

Nicolas CLINET

Administrateur

Also active at: CRANS, TENILC

since 2025

CRANS SRL

Administrateur · represented by Christophe CLINET

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Baraque Michel 36

4845 Jalhay

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0433.382.835

VAT number

BE 0433.382.835

Registered office

Baraque Michel 36, 4845 Jalhay

Names & denominations

S.A Baraque Michel

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1988

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Hotels en motels, met restaurant

Hotels en dergelijke accommodatie

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

Overige recreatie- en ontspanningsactiviteiten, neg

Catering van evenementen

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

View on CBE Public ↗ Annual accounts (NBB) ↗

S.A Baraque Michel

Warning lights

Financials

What happened to S.A Baraque Michel?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions